15 U.S.C. § 3112 — Countercyclical employment policies

Page 1988 TITLE 15—COMMERCE AND TRADE § 3111 SUBCHAPTER I—STRUCTURAL ECONOMIC POLICIES AND PROGRAMS INCLUDING TREATMENT OF RESOURCE RESTRAINTS § 3111. Congressional statement of purpose The Congress recognizes that general eco- nomic policies alone have been unable to achieve the goals set forth in this chapter re- lated to full employment, production, and real income, balanced growth, adequate growth in productivity, proper attention to national prior- ities, achievement of an improved trade balance through increased exports and improvement in the international competitiveness of agri- culture, business, and industry, and achieve- ment of reasonable price stability as provided for in section 1022b(b) of this title. It is, there- fore, the purpose of this subchapter to require the President to initiate, as the President deems appropriate, with recommendations to the Con- gress where necessary, supplementary programs and policies to the extent that the President finds such action necessary to help achieve these goals, including the goals and timetable for the reduction of unemployment. Insofar as feasible without undue delay, any policies and programs so recommended shall be included in the Economic Report. (Pub. L. 95–523, title II, § 201, Oct. 27, 1978, 92 Stat. 1899.) Editorial Notes REFERENCES IN TEXT For definition of ‘‘this chapter’’, referred to in text, see References in Text note set out under section 3102 of this title. § 3112. Countercyclical employment policies (a) Programmatic entities Any countercyclical efforts undertaken to aid in achieving the purposes of section 3111 of this title shall consider for inclusion the following programmatic entities: (1) accelerated public works, including the development of standby public works projects; (2) public service employment; (3) State and local grant programs; (4) the levels and duration of unemployment insurance; (5) skill training in both the private and pub- lic sectors, both as a general remedy and as a supplement to unemployment insurance; (6) youth employment programs as specified in section 3115 of this title; (7) community development programs to provide employment in activities of value to the States, local communities (including rural areas), and the Nation; (8) Federal procurement programs which are targeted on labor surplus areas; and (9) augmentation of other employment and training programs which would help to reduce high levels of unemployment arising from cy- clical causes. (b) Triggering mechanism In any countercyclical efforts undertaken, the President shall consider a triggering mechanism which will implement the program during a pe- riod of rising unemployment and phase out the program when unemployment is appropriately reduced, and incorporate effective means to fa- cilitate individuals assisted under programs de- veloped pursuant to this section to return promptly to regular private and public employ- ment as the economy recovers. (Pub. L. 95–523, title II, § 202, Oct. 27, 1978, 92 Stat. 1900.) § 3113. Economic activity coordination (a) Federal, regional, State, local, and private sector As an integral part of any countercyclical em- ployment policies undertaken in accord with section 3112 of this title, the President shall, to the extent the President deems necessary, set forth programs and policies, including rec- ommended legislation where needed, to coordi- nate economic action among the Federal Gov- ernment, regions, States and localities, and the private sector to promote achievement of the purposes of this chapter and the Employment Act of 1946 [15 U.S.C. 1021 et seq.] and an eco- nomic environment in which State and local governments and private sector economic activ- ity and employment will prosper. In considering programs and policies related to the private sec- tor, full consideration shall be given to pro- moting the growth and well-being of small busi- nesses and employment training programs through private sector incentives. (b) Fiscal needs and budget conditions In any efforts under this section, the President shall endeavor to meet criteria that establish programs which are funded to take account of the fiscal needs and budget conditions of the re- spective States and localities and their own ef- forts, with special attention to the rates of un- employment in such States and localities. (Pub. L. 95–523, title II, § 203, Oct. 27, 1978, 92 Stat. 1900.) Editorial Notes REFERENCES IN TEXT For definition of ‘‘this chapter’’, referred to in sub- sec. (a), see References in Text note set out under sec- tion 3102 of this title. The Employment Act of 1946, referred to in subsec. (a), is act Feb. 20, 1946, ch. 33, 60 Stat. 23, which is clas- sified generally to chapter 21 (§ 1021 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 1021 of this title and Tables. Executive Documents EXECUTIVE ORDER NO. 12329 Ex. Ord. No. 12329, Oct. 14, 1981, 46 F.R. 50919, which established the President’s Task Force on Private Sec- tor Initiatives and provided for its membership, func- tions, etc., was revoked by Ex. Ord. No. 12399, § 4(i), Dec. 31, 1982, 48 F.R. 380, formerly set out as a note under section 1013 of Title 5, Government Organization and Employees. § 3114. Regional and structural employment poli- cies and programs (a) Recommendation of legislation To the extent deemed appropriate by the President in fulfillment of the purposes of sec-